Sunday, September 11, 2005

Microsoft and Unisys Build on Interpay Solution to Create Common European Platform for Cross-Border Payments

See this press release.

At Sibos 2005 Copenhagen, Microsoft announced that it is working with Unisys to deliver a common European platform to help financial institutions better manage cross-border payments operations. Based on Microsoft(R) BizTalk(R) Server 2004, EBA Link is currently implemented at a number of financial institutions in Poland and Hungary. The solution grew from work done by Interpay Nederland, a top-three European payment processor located in the Netherlands, to clear high-volume, low-value payments. It provides a fast and cost-effective service for cross-border payments.